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Dec 20, 2012
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even in the u.s. the numbers aren't sexy as you might say---not a lot of number one finishes obviously but its finished fifth for four straight weekends which is kind of unique in itself. so there's obviously a lot of word of mouth out there for what i think is a tremendously flawed film but people are going to see it. it's not going to be an oscar favorite but it will be an oscar player. > > we have a lot to look forward to at the box office this weekend. jack reacher, monsters, inc. 3d, this is 40, and the guilt trip. > > we've got a couple of good movies to look forward to--- jack reacher the tom cruise film did tremendous with mission impossible last year. this film's not going to do as good---this is a new franchise for him. it's going to be interesting to see people's reaction to it because the film does open with a very deadly sniper shooting and obviosuly we've had the newtown shootings this week so i'm wondering how people are going to react to that. but it still is a very good escapist thril
even in the u.s. the numbers aren't sexy as you might say---not a lot of number one finishes obviously but its finished fifth for four straight weekends which is kind of unique in itself. so there's obviously a lot of word of mouth out there for what i think is a tremendously flawed film but people are going to see it. it's not going to be an oscar favorite but it will be an oscar player. > > we have a lot to look forward to at the box office this weekend. jack reacher, monsters, inc. 3d,...
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Dec 21, 2012
12/12
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reporting a profit that surprised analysts, then sold off on word of declining blackberry sales in the u.s. nike stock jumped 6% higher after exceeding earnings expectations and revealing orders were up 6% in the quarter. now on to the market, which also gained ground yesterday on optimism a budget deal will emerge out of washington. meanwhile, the sleepless in america are creating a boost in business. consumers spending on treatments for insomnia shot up from $24 billion 4 years ago to $32 billion now. fortunately, it's a bumper year for the coffee crop in brazil. the country is harvesting its biggest coffee crop ever. and peter madoff is sentenced to the max of 10 years in prison for helping his brother bernie in their infamous ponzi scheme. scott bauer of trading advantage joins us on this friday morning for a closer look at the markets. good morning to you. we had a nice santa claus rally going on here. do you think that this fiscal talk is just going to kill it? > > no, it doesn't look like it. the trend over the last few days is, we have seen the market up, but we have seen it really
reporting a profit that surprised analysts, then sold off on word of declining blackberry sales in the u.s. nike stock jumped 6% higher after exceeding earnings expectations and revealing orders were up 6% in the quarter. now on to the market, which also gained ground yesterday on optimism a budget deal will emerge out of washington. meanwhile, the sleepless in america are creating a boost in business. consumers spending on treatments for insomnia shot up from $24 billion 4 years ago to $32...
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Dec 18, 2012
12/12
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the jobs situation in the u.s. is an issue that i don't think is going to go away anytime soon, and if that is the case, 2013 will be a year that will be tough on a lot of people. > larry, what are you seeing seasonally? sometimes there are themes that emerge in the market from seasonal trading. what are you seeing out there? > > certainly as you get into the season, you get into the colder months. we look at energies seemingly rallying as people start thinking about that and even just a psychological trade when the colder months make you think we are going to use more energy, heat and oil, things like that. that is something a lot of traders think about, and if energy costs more, then maybe the stock indexes and the equities in general are going to go down because people want to sell those markets as seasonal, like you just mentioned, they might go up. so, that is maybe one way to take a look at it. > larry levin of trading advantage. thanks for your time today larry. have a good day. > > you too. retailers say un
the jobs situation in the u.s. is an issue that i don't think is going to go away anytime soon, and if that is the case, 2013 will be a year that will be tough on a lot of people. > larry, what are you seeing seasonally? sometimes there are themes that emerge in the market from seasonal trading. what are you seeing out there? > > certainly as you get into the season, you get into the colder months. we look at energies seemingly rallying as people start thinking about that and even just...
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Dec 3, 2012
12/12
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coming up tomorrow-- is the u.s. losing its edge when it comes to innovation? a harvard business professor is out with a warning you won't want to miss. that's it for now.. from all of us at first business. .. have a! >>> heavy rain over the weekend created a huge sink hole. we'll tell you how long it will take to repair this roadway. >>> all of the weekend rain caused bay area waterways to rise. >>> california's ban on same sex marriage back in the spotlight. the supreme court announcement that could come in two hours. it's all ahead on the ktvu channel 2 morning news. >>> good morning. thank you for waking up with us on this monday morning december 3rd i'm pam cook. >> and i'm brian flores. we are drying out after a very wet weekend. steve paulson will tell us how long it will last. >> three days. there is one more system. it won't hold a candle to what we had over the last three. watch out for fog this morning. a lot of high clouds spilling over. highs they will be really close today. a lot of upper 50s or right about at 60 degrees. here
coming up tomorrow-- is the u.s. losing its edge when it comes to innovation? a harvard business professor is out with a warning you won't want to miss. that's it for now.. from all of us at first business. .. have a! >>> heavy rain over the weekend created a huge sink hole. we'll tell you how long it will take to repair this roadway. >>> all of the weekend rain caused bay area waterways to rise. >>> california's ban on same sex marriage back in the spotlight. the...
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Dec 11, 2012
12/12
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that bounce follows an october in which mcdonald's' u.s. sales slipped for the first time in nine years and led to the resignation of company president jan fields. hewett-packard is suddenly jumping onto the hot stock list. shares climbed 4% yesterday on speculation billionaire investor carl ichan is building a positon in the tech giant. this year has been a rough one for hpq. shares have tumbled on troubles including the $9 billion charge from its acqusition of autonomy and concerns about its printer and pc businesses. here's trader alan knuckman's thoughts on the stock: "well, i think it might have ovedone on the downside. you have to remember hewlett-packard has done this twice. it dropped from $80 back down to $10 and then rose again; fell from $50 to the current level where we are now. so, it does have some brand value, it's just a matter of sorting out the company and making things work again, and i think the new ceo could do this." heweltt-packard stock is down nearly 75% since april 2010. at current levels, knuckman calls it a stock
that bounce follows an october in which mcdonald's' u.s. sales slipped for the first time in nine years and led to the resignation of company president jan fields. hewett-packard is suddenly jumping onto the hot stock list. shares climbed 4% yesterday on speculation billionaire investor carl ichan is building a positon in the tech giant. this year has been a rough one for hpq. shares have tumbled on troubles including the $9 billion charge from its acqusition of autonomy and concerns about its...
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Dec 4, 2012
12/12
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in an attempt to milk more from the u.s. market, canada's largest dairy processor, saputo, is buying the morningstar unit of dean foods for $1.45 billion. morningstar's products include creamers, ice cream and cottage cheese. dean foods, the largest dairy producer in the u.s., based in dallas, is in downsizing mode. the deal with saputo is expected to close at the end of the year. the mayor of newark, new jersey is about to go on a strict diet. starting today, cory booker will live on food stamps for a week - that means spending only $4 a day for all of his food. booker accepted the challenge in a twitter debate with a north carolina woman. other public officials have tried this before booker and have reported it to be a great challenge. there's no place like home for the holidays, and keeping up with its annual tradtion, fannie mae and freddie mac won't evict familes facing foreclosure during the holiday season. this year's freddie/fannie evicition-free dates are dec. 19 through january 2nd. you might think airlines wouldn'
in an attempt to milk more from the u.s. market, canada's largest dairy processor, saputo, is buying the morningstar unit of dean foods for $1.45 billion. morningstar's products include creamers, ice cream and cottage cheese. dean foods, the largest dairy producer in the u.s., based in dallas, is in downsizing mode. the deal with saputo is expected to close at the end of the year. the mayor of newark, new jersey is about to go on a strict diet. starting today, cory booker will live on food...
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Dec 19, 2012
12/12
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starting in january the u.s. treasury department will begin selling its stakes in almost all of the remaining banks that received bailouts during the financial crisis. four years after the implementation of the troubled asset relief program the government still owns a part of 218 banks. those banks owe taxpayers nearly $8 billion. the government says tarp was always intended to be a temporary measure. key players from wall street may be heading to the whitehouse. according to bloomberg news.. the obama administration is said to be considering kenneth chenault -- the ceo of american express-- for a cabinet post... possibly treasury secretary. also, the adminstration is said to be batting around the name ursala burns- who runs xerox as a possible candidate for commerce secretary. president obama said earlier he is interested in having top business leaders in his cabinet. coal consumption is climbing around the world. the international energy agency-- better known as as the i-e-a predicts demand for coal could come
starting in january the u.s. treasury department will begin selling its stakes in almost all of the remaining banks that received bailouts during the financial crisis. four years after the implementation of the troubled asset relief program the government still owns a part of 218 banks. those banks owe taxpayers nearly $8 billion. the government says tarp was always intended to be a temporary measure. key players from wall street may be heading to the whitehouse. according to bloomberg news.....
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Dec 7, 2012
12/12
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macs are making their way back to the u.s. apple ceo tim cook told bloomberg this week the company will begin manufacturing a line of mac computers in the u.s. most of apple's products are made in asia. factories such as foxconn, a major apple supplier, have come under heavy scrutiny for low wages and poor working conditions. cook said the company will spend $100 million on the manufacturing move in the states, but no word yet on where it will take place. in other apple news, the iphone is getting picked up by another carrier. t-mobile will begin selling the iphone next year. talks are back in the fiscal fight. according to the wall street journal, the staffs for president obama and house speaker boehner are talking again. it follows a nearly week-long silence. wednesday, the presdient and congressman boenher spoke by phone. on thursday, the president said he was optimistic a deal would get done as he sat down with a middle-class family in virginia to promote his tax plan new jersey governor chris christie is making a pitch to
macs are making their way back to the u.s. apple ceo tim cook told bloomberg this week the company will begin manufacturing a line of mac computers in the u.s. most of apple's products are made in asia. factories such as foxconn, a major apple supplier, have come under heavy scrutiny for low wages and poor working conditions. cook said the company will spend $100 million on the manufacturing move in the states, but no word yet on where it will take place. in other apple news, the iphone is...